SAN JOSE—Ascent, a 650-unit apartment community, began leasing mid-September and is celebrating its first move-ins. Ascent is a joint venture between Shea Properties and Ivanhoe' Cambridge.

Yunmi Martin, senior vice president, Shea Apartments, tells GlobeSt.com: "We are excited for the opening of our second apartment community in the dynamic San Jose market. Ascent offers an incredible lifestyle with upscale interior spaces, unparalleled outdoor spaces and retail just across the street, and convenient access to freeways, light rail and Caltrain.”

Ascent's apartment homes range from 704 square feet for a one-bedroom, one-bath to 1,575 square feet for a three-bedroom, two-bath plus mezzanine unit. Monthly pricing ranges from $2,400 up to $4,700. The homes include quartz countertops and stainless steel appliances. The community includes a pool and spa, courtyard kitchen featuring professional appliances, barbecues, a pizza oven and a half-acre park on the green for residents to enjoy.

Ascent's proximity to a wide array of jobs, transportation, entertainment and recreation helps meet the daily needs of residents. Relevant amenities for the Silicon Valley lifestyle include a 4,000-square-foot fitness center, resident lounge, business center with office pods, and Wi-Fi throughout the pool and clubhouse areas.

Located in South San Jose, the development is conveniently located off Highway 85 with easy access to the Cottle light rail station, Blossom Hill Caltrain and Kaiser Medical Center. Ascent sits across the street from the Village Oaks retail center with more than 320,000 square feet of neighborhood retail including Target, a supermarket, restaurants and boutiques. As previously reported, another multi-family development was just completed in Mountain View, CA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.